The USDCHF pair ended last week above 0.9864 level, to exit the sideways track that dominated the recent trades, as it begins today’s trading with more positivity to move away from the mentioned level that turns into key support now.
Therefore, the bullish trend will be suggested in the upcoming period, and the main targets begin by surpassing 0.9960 barrier to confirm opening the way to target the previously recorded top at 1.0326 as a next main station, noting that breaking 0.9864 level will stop the suggested rise and push the price to return to decline again.
Expected trading range for today is between 0.9864 support and 1.0000 resistance.
Expected trend for today: Bullish
Origin: Economies
